International Industrial Transfer and the Development of Chinese Manufacturing

Author: Lü Zheng
Publisher:
Publish Date: 2006-10-01
Features: With the acceleration of China's industrialization process and the deepening of reform and opening-up, China's manufacturing sector has grown rapidly, with production scales expanding swiftly. This has also led to continuous improvements in technological levels. China is gradually becoming the "world factory." In such a "big" scenario, there are also extremely critical weaknesses—being large but not strong, meaning that the overall quality of China's manufacturing sector is not high. However, the 21st century has still brought new opportunities to China. The new trends of economic globalization and international industrial transfer will provide China with a chance to comprehensively upgrade its manufacturing sector. Enhancing international competitiveness and its position in the global economic division of labor will become a significant challenge for China as it moves into the later stages of industrialization, and it will also be the key to determining success or failure!